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How to fix US healthcare
http://blogs.ft.com/economistsforum/2009/03/how-to-fix-us-healthcare/ ^ | By Laurence J. Kotlikoff

Posted on 03/13/2009 8:23:23 PM PDT by newbie2008

click here to read article


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To: newbie2008

Drop five hundred thousand liberals in the Atlantic ocean?


21 posted on 03/13/2009 9:33:19 PM PDT by higgmeister ( In the Shadow of The Big Chicken!)
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To: goodnesswins

Did you even read the article?


22 posted on 03/13/2009 9:44:14 PM PDT by bigbob
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To: newbie2008
Very simply, the cost of medical education should be reduced to generate more doctors. There should be a few pennies out of every health care dollar that goes to accomplishing this. In the long run, we'd be way ahead. More doctors equals lower doctor salaries equals lower health costs.
23 posted on 03/13/2009 9:46:36 PM PDT by Rockitz (This isn't rocket science- follow the money and you'll find truth.)
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To: bigbob

Good grief. If you read the articles you’ll never get ANYTHING posted.


24 posted on 03/13/2009 9:47:12 PM PDT by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: Rockitz

Yes. Medical education and certification is very strictly controlled in the US. It is simply a way of limiting supply.


25 posted on 03/13/2009 9:57:43 PM PDT by Wiseghy ("You want to break this army? Then break your word to it.")
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To: bigbob
NOPE...just did a knee jerk response.....(well...at least I'm honest!)
26 posted on 03/13/2009 10:14:08 PM PDT by goodnesswins (Conservative and fighting for freedom and liberty....whether you like it or not.)
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To: Wiseghy

We throw away a lot of doctors who immigrate to this country by making it so tough to become certified and I’m not sure it buys us any better quality and certainly makes medical care a lot more expensive.


27 posted on 03/13/2009 10:57:00 PM PDT by Rockitz (This isn't rocket science- follow the money and you'll find truth.)
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To: Rockitz

If doctors worked for no salary, there would be only about 15 percent improvement in these numbers. What is really needed is tort reform that would cut out wasteful defensive medicine, increased usage of electonic recordkeeping and billing, and more usage of health savings accounts combined with catastrophic high-deductible health insurance.


28 posted on 03/13/2009 11:21:59 PM PDT by ccmay (Too much Law; not enough Order.)
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To: linbiao123
Well, I can't miss this chance to provide a link to an article I authored on this subject in my new blog.

HERE IT IS

29 posted on 03/14/2009 3:23:56 AM PDT by The Duke (I have met the enemy, and he is named 'Apathy'!)
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To: Rockitz

It is not the Doctors running up the medical costs. It is the system.

The medical education is not much more than regular college. The bill runs up because they have to live eat and drive for 3 years. Then they are an intern and resident for another 4 years at a mininum salary. Drs are usually in debt between 150K and 200K coming out of Med school. They are 29 to 30 before they can practice on their own. So it is not the cost as much as the time. They deserve what they make. They make life and death decisions every day and are second guessed all the time. It is not an exact science and every one is different. I know. My son is and E.R. Doc.


30 posted on 03/14/2009 6:14:19 AM PDT by 70th Division (I love my country but fear my government!)
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To: Jukeman

What about people like my hubby with pre-existing conditions or older people but too young for medicare?...free market won’t work in this circumstances because free market dictates insuring young healthy people and not older people or people with pre-existing conditions. How about the fact that if you get sick, they immediately raise your premiums. No one ever talks about the realities of heath insurance. This is why we will get some form of managed health care because the GOP did not address the issue in a meaningful way. McCain’s brilliant idea to tax employee benefits in order to fund a 5000 dollar tax credit (can tell this guy never bought individual or family health insurance-way more than five grand) so people could purchase health insurance individually cost him votes for sure.


31 posted on 03/14/2009 7:37:05 AM PDT by nyconse (When you buy something, make an investment in your country. Buy American or bye bye America)
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To: newbie2008

Any healthcare that starts with insurance is immediately bound to fail. Insurance is the problem, not the solution.


32 posted on 03/14/2009 7:44:13 AM PDT by roamer_1 (Proud 1%er... Reagan Conservatism is the only way forward.)
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To: 70th Division
It is not the Doctors running up the medical costs. It is the system.

There is some truth in that. Certainly insurance companies, attorneys, and administrators take their cut off the top.

The medical education is not much more than regular college.

That is a false statement. Many other graduate students get a stipends to do their graduate work and incur no debt. I know. That was my case as an engineer. Doctors do incur substantial debt. I know. My wife is an anesthesiologist. If there were fewer financial impediments from getting through medical school and residency, there would be a lot more students willing to put the time in and while the rewards might be lower at the end, they would still be substantial for the time invested. BTW, I'll stack up my years of engineering grad school or the difficulty of my coursework earning starving wages against any doctor you'd care to name. I'm paid well, but not as well as most doctors.

As far as pay for doctors, there are many specialties that get outrageous sums of money- many surgeons, opthamologists, and even anesthesiologists and they get paid a helluva lot more than I do with a $1B satellite in the balance that can keep hundreds to tens of thousands of soldiers and civilians from getting killed. How's that for life and death? You and your colleagues have undoubtedly benefited from my efforts if you were in the 70th Division anytime over the last 25 to 30 years.

33 posted on 03/14/2009 11:23:51 AM PDT by Rockitz (This isn't rocket science- follow the money and you'll find truth.)
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To: nyconse

You write as if no one has faced the problems you face. I’m 67 years old and know what it’s all about. As to McCain - he is way to hell to liberal for me. As a matter of fact, I’m politically to the right of most conservatives. At least we grow our own food and take care of our own without expecting some else to do it. My advice to you is to improve your circumstances and quit whinning.


34 posted on 03/14/2009 8:17:38 PM PDT by Jukeman (.)
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To: Jukeman

Easy to say...hard to do in a downturn of this magnitude.


35 posted on 03/15/2009 4:35:52 AM PDT by nyconse (When you buy something, make an investment in your country. Buy American or bye bye America)
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To: Rockitz

I disagree. Cost is cost. You are right my son got no stipens but at the U. he went to the cost was the same as grad school. And my son knows how hard engineering courses are. He spent two years in engineering before switching over to medicine. All the harder math and physics that he did not need as a Dr.

Of course you are not paid as well as a Dr. You can get out after 4 years and start making money. It is 7 more years before my son makes any money. Most of his engineering friends are married, have houses and toys by then.

I think if you limit the carrot at the end you will limit doctors. And why should the government instead of the free market set wages anyway. It is the government that got medicine screwed up in the first place. NO one asks if you can pay or if you are legal in an E.R.

Sorry I am an old guy who wore green. ‘68 to ‘74. We hit the moon when I was in.

Now if you want to talk about inequity in pay, look what an NBA player makes and what a brain surgeon makes. Life ain’t fair. We all try to make a difference in our jobs. It is just that my son does it every day in E.R. For what he does and for what he has been through, I think he is paid fairly.


36 posted on 03/15/2009 6:03:07 AM PDT by 70th Division (I love my country but fear my government!)
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